Tag: finance

Stocks rally in early trading as China’s central bank floods the market with more cash amid Evergrande’s liquidity crunch. Cryptocurrency-related stocks tumble as China intensifies its crackdown on ... ( read original story ...)

The Hong Kong stock market on Friday halted the two-day winning streak in which it had gathered more than 400 points or 1.7 percent. The Hang Seng Index now sits just above the 24,190-point plateau ... ( read original story ...)

Hong Kong can ascend to being a fintech hub worldwide in light of its diversity, resilience and dynamics in the financial sector. ( read original story ...)

Prudential, the biggest UK insurer by market value, priced its Hong Kong share placement at a 2.6 per cent discount to its closing price on Friday. ( read original story ...)

The Board of Mox Bank Ltd appoints Barbaros Uygun as the CEO of Mox and Executive Director of the Board (starting Monday). ( read original story ...)

HSBC stated that these countries were exploring digital currencies and different ways of boosting innovation in the financial sector. ( read original story ...)

Last Friday, the Ministry of Foreign Affairs issued a fact sheet setting out a host of malicious acts of the US in interfering in Hong Kong affairs and supporting anti-China, destabilising forces. It ... ( read original story ...)

Financial Secretary Paul Chan lauds Beijing’s list of ‘US crimes’ and urges Americans to respect Chinese sovereignty and stop meddling in city’s affairs. ( read original story ...)

Hong Kong ranked third globally in the latest Global Financial Centers Index (GFCI) published by the British think tank Z/Yen Group and China Development Institute in Shenzhen Friday, rising by one ... ( read original story ...)

Financial companies have sought to reassure investors in recent days, saying their exposure to the world’s most indebted developer was immaterial or minimal. ( read original story ...)

The IPO was valued at $1.26 billion and will trade on the Stock Exchange of Hong Kong ("HKEX"). Exome was also part of Broncus Holding Corporation's Series D round in early 2021. Sam Isaly, Managing ... ( read original story ...)

Eleven Hong Kong lenders including HSBC and Bank of China (Hong Kong) completed 4 billion yuan (US$618.73 million) worth of transactions on the first day of trading of the newly launched southbound ... ( read original story ...)

Hong Kong ranked third globally in the lates Global Financial Centers Index GFCI published by the British think tank ZYen Gro ... ( read original story ...)

China has launched Southbound Bond Connect to allow mainland investors to trade bonds in Hong Kong. This is another major measure taken by China to support the development of Hong Kong. The southbound ... ( read original story ...)